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One year ago your company purchased a machine used in manufacturing for $90,000. You have learned that a new machine is available that offers many

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One year ago your company purchased a machine used in manufacturing for $90,000. You have learned that a new machine is available that offers many avantages and you can purchase it for $150,000 today it will be depreciated on a straight line basis over 10 years and has no salvage value you expect that the new machine will produce a grossargs mus porting expenses other than depreciation of $55,000 per year for the next 10 years. The current machine is expected to produce a gross margin of $20,000 per year. The current machines being deprecated on straight-line basis over a useful te of 11 years, and has no salvage value to depreciation expense for the current machine 56.182 per year. The mattory of the current machine is 05.000 Your company's tax rate is 45% and the opportunity cost of capital for the type of equipment is 12 Should your company replace its year old machine? The NPV of replacing the your old machines (Round to the nearest ofar)

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